ETH Leads Crypto Fund Flows as Investors Eye New ETF Catalysts
Ethereum investment products have hit $7.79 billion in inflows year-to-date, already eclipsing their total for the entire year of 2024, according to CoinShares’ latest weekly report. The surge is part of a broader $1.9 billion weekly net inflow into crypto funds managed by giants like BlackRock, Grayscale, and Fidelity.
Ethereum pulled in $1.59 billion last week alone, marking its second-largest weekly inflow on record.
This makes ETH the dominant force in crypto fund flows for the second consecutive week, amid ongoing rotation from Bitcoin and into large-cap altcoins.
Bitcoin Sees Outflows Despite Price Resilience
Interestingly, Bitcoin-linked products saw $175 million in outflows last week, even though BTC rose above $119,000. This divergence, analysts say, reflects a tactical rebalancing by institutional investors, possibly in preparation for the next wave of U.S. ETF approvals.
Despite the outflows, Bitcoin funds still lead the market in total monthly and year-to-date inflows, showing its continued relevance as a core crypto asset.
Solana, XRP, and Sui See Strong Inflows
Among altcoins, inflows were narrow but strong:
- Solana (SOL): $311 million
- XRP: $189 million
- Sui: $8 million
Smaller-cap assets like Litecoin and Bitcoin Cash saw net redemptions, showing that institutional appetite is mostly focused on established high-liquidity tokens with ETF potential.
U.S. Dominates Regional Demand
Nearly $2 billion in flows came from U.S.-based investors, while Germany added $70 million. Conversely, Hong Kong, Canada, and Brazil posted net outflows, suggesting regional divergence in crypto sentiment.
According to CoinShares’ head of research James Butterfill, the concentration of inflows by asset and geography indicates that investors are positioning around potential U.S. ETF launches, not chasing a general altcoin rally.
“These flows are likely driven by ETF speculation rather than the start of an altcoin season,” Butterfill said.
ETF Optimism Fuels Demand for Top Altcoins
Recent ETF applications for XRP, Solana, and Litecoin have intensified, with Bloomberg analysts estimating a 90% approval chance. If approved, these ETFs could become major liquidity drivers for altcoin markets.
With Ethereum outpacing all crypto fund inflows in 2025, and ETF catalysts fueling tactical rotations, the next phase of institutional crypto adoption may be led by more than just Bitcoin.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.